Recently, the USD/JPY pair has been trading sideways at the price of 110.90. Anyway, according to the 30M time frame, I found a breakout of the key swing low in the background, which is a sign that buying looks risky. My advice is to watch for potential selling opportuntiies. The downward target is set at the price of 110.30.
Trading recommendations for today: watch for potential selling opportunities.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
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